Robeco Institutional Asset Management B.V. Sells 35,568 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

Robeco Institutional Asset Management B.V. lessened its stake in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 35.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 63,780 shares of the construction company's stock after selling 35,568 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.06% of Taylor Morrison Home worth $3,403,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Taylor Morrison Home by 1.9% during the third quarter. Vanguard Group Inc. now owns 11,404,759 shares of the construction company's stock worth $485,957,000 after purchasing an additional 217,222 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in Taylor Morrison Home by 117.0% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 3,180,341 shares of the construction company's stock worth $135,514,000 after buying an additional 1,714,897 shares during the period. Invesco Ltd. increased its position in Taylor Morrison Home by 3.3% during the third quarter. Invesco Ltd. now owns 3,038,939 shares of the construction company's stock worth $129,489,000 after buying an additional 97,604 shares during the period. Acadian Asset Management LLC increased its position in Taylor Morrison Home by 15.3% during the third quarter. Acadian Asset Management LLC now owns 2,528,636 shares of the construction company's stock worth $107,726,000 after buying an additional 334,815 shares during the period. Finally, AQR Capital Management LLC increased its position in Taylor Morrison Home by 2.1% during the third quarter. AQR Capital Management LLC now owns 2,036,816 shares of the construction company's stock worth $86,789,000 after buying an additional 40,958 shares during the period. Hedge funds and other institutional investors own 95.16% of the company's stock.

Taylor Morrison Home Stock Performance

Shares of NYSE:TMHC traded down $1.54 during trading on Wednesday, reaching $57.49. The company had a trading volume of 638,953 shares, compared to its average volume of 752,132. The firm has a market capitalization of $6.08 billion, a price-to-earnings ratio of 8.22 and a beta of 1.88. The company has a debt-to-equity ratio of 0.39, a current ratio of 6.16 and a quick ratio of 0.91. The stock's fifty day moving average price is $58.18 and its 200 day moving average price is $53.74. Taylor Morrison Home Co. has a fifty-two week low of $37.23 and a fifty-two week high of $62.64.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last posted its quarterly earnings results on Tuesday, April 30th. The construction company reported $1.75 earnings per share for the quarter, beating analysts' consensus estimates of $1.57 by $0.18. Taylor Morrison Home had a return on equity of 15.75% and a net margin of 10.30%. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the business earned $1.74 earnings per share. The company's revenue for the quarter was up 2.3% compared to the same quarter last year. As a group, equities research analysts predict that Taylor Morrison Home Co. will post 7.62 EPS for the current year.

Wall Street Analysts Forecast Growth

TMHC has been the topic of several research analyst reports. Royal Bank of Canada lifted their price target on Taylor Morrison Home from $61.00 to $63.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 1st. StockNews.com raised Taylor Morrison Home from a "hold" rating to a "buy" rating in a research report on Wednesday, May 15th. Wedbush reaffirmed a "neutral" rating and set a $55.00 price target on shares of Taylor Morrison Home in a research report on Tuesday, April 30th. Zelman & Associates raised Taylor Morrison Home from an "underperform" rating to a "neutral" rating in a research report on Friday, April 12th. Finally, Barclays boosted their target price on Taylor Morrison Home from $55.00 to $60.00 and gave the company an "equal weight" rating in a report on Thursday, February 15th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $58.20.

Insider Activity at Taylor Morrison Home

In related news, Director William H. Lyon sold 77,210 shares of Taylor Morrison Home stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $58.33, for a total value of $4,503,659.30. Following the sale, the director now directly owns 57,570 shares in the company, valued at $3,358,058.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Taylor Morrison Home news, Director William H. Lyon sold 164,000 shares of the business's stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $60.33, for a total transaction of $9,894,120.00. Following the sale, the director now directly owns 43,570 shares in the company, valued at $2,628,578.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William H. Lyon sold 77,210 shares of the business's stock in a transaction on Monday, March 4th. The stock was sold at an average price of $58.33, for a total value of $4,503,659.30. Following the sale, the director now owns 57,570 shares in the company, valued at $3,358,058.10. The disclosure for this sale can be found here. Insiders have sold a total of 659,241 shares of company stock worth $39,537,646 over the last three months. 3.50% of the stock is currently owned by corporate insiders.

Taylor Morrison Home Profile

Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single and multi-family detached and attached homes; and develops lifestyle and master-planned communities. It develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name.